Conformance

Conformance

Conformance Conformance is a term for how well a product or service meets the requirements or standards that have been set. It’s a way to measure how well a product or service lives up to what customers or users want. Conformance in software development is the degree to which a software system or application meets standards or…

Contingency

Contingency

Contigency The word “contingency” refers to a plan or strategy that is made in case something unexpected happens during a project, business operation, or other tasks. Planning for possible risks and making a plan for how to deal with them if they happen are both parts of contingency planning. Plans for what to do in case something…

Contingency Reserve

Contingency Reserve

Contigency Reserve DevOps is a set of practises that bring together software development (called “Dev”) and IT operations (called “Ops”) to improve how well these two departments work together and talk to each other. DevOps aims to shorten the development lifecycle and increase the number of deployments while making sure that the software being delivered is stable,…

Continuous Delivery

Continuous Delivery

Continuous Delivery Continuous delivery is a software development practise that aims to automate the software release process and get high-quality software to customers more quickly and efficiently. In continuous delivery, developers make small, incremental changes to the codebase and use automated testing and deployment tools to make sure that the changes are integrated and tested quickly and…

Control Chart

Control Chart

Control Chart A control chart is a statistical tool used to monitor and control the quality of a process over time. It is often used in manufacturing and other industries to track production processes and ensure that they are performing within acceptable limits. The control chart works by plotting a series of data points over time, and…

Cost-Benefit Analysis

Cost-Benefit Analysis

Cost-Benefit Analysis Cost-benefit analysis (CBA) is a way to figure out what a project or decision might be worth and how much it might cost. It is a way to figure out if a project or decision makes economic sense by comparing the expected benefits with the expected costs. In general, here are the steps you need…

Cost Performance Index (CPI)

Cost Performance Index (CPI)

Cost Performance Index (CPI) Cost Performance Index (CPI) is a project management metric that measures the cost efficiency of a project. The CPI compares the earned value (EV) of the work completed on the project to the actual cost (AC) incurred in completing that work. The CPI is used to determine whether a project is under or…

Cost of Quality (COQ)

Cost of Quality (COQ)

Cost of Quality (COQ) The Cost of Quality (COQ) is the amount of money it takes to make sure that a product or service meets the quality standards that are needed. This includes the costs of preventing problems, evaluating them, and failing. Prevention Costs: These are the costs that are paid to make sure that problems don’t…